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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Office buildings
2677 Tamiami Trl Sarasota, FL 34239-4500
Entity Owned
Free & Clear
Property ID
US18-2919821
Property summary
AI-generated overview
This single-story, 1,288-square-foot medical office space is ideally situated at 2677 S Tamiami Trail in Sarasota, Florida, 34239. The building, constructed in 1983, offers a total of 5,861 square feet across one building and is zoned OPB. This unit features a well-designed layout including multiple offices, a reception/waiting area, and in-suite restrooms. A large office boasts a private restroom and shower, providing exceptional convenience and privacy. The property's location directly across from Sarasota Memorial Hospital offers high visibility and accessibility, enhanced by signage on US41/Tamiami Trail. The property's APN is 0056130001 and is located in Sarasota County. Common area maintenance (CAM) is $7.89 per square foot. This space is perfect for a variety of medical or professional uses and presents a unique opportunity for businesses seeking a prominent location in a thriving medical corridor. The property is part of a larger multi-tenant building.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,861 SF
Lot
0.63 ac (27,484 SF)
Zoning code
OPB
APN
0056-13-0001
UPID
US18-2919821
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Mary A. Sanders, DMD Dental Office
-
James W. Marsh, M.D. Physician Medical Clinic
-
Non-Surgical Procedures Sarasota Physician
-
HearUSA Hearing Aid Store Audiologist
-
John Schaub Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.52M
Owner & transaction history
FRUSH JR LEON E TR
FRUSH JR LEON E TR
since 2026
Last sale
$2.1M
1 recorded transaction
Zoning & alternative use
OPB · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,520,000
6.5%
$1,400,000
7%
$1,300,000
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±10% · vs last sale $2.10M (Feb 17 2026)
Last sale anchor
$2.10M
Feb 17 2026
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$258 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$28,798
Tax year 2023
Assessed value
$1,957,000
Assessed 2023
Previous assessed
$1,896,600
+3.2% YoY
Effective rate
1.47%
On assessed value
Assessed land
$1,377,000
Assessed improvement
$580,000
Land market value
$1,377,000
Improvement market value
$580,000
Total market value
$1,957,000
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Rooms
18
Bathrooms
9
Total area
5,861 SF
Lot
0.63 ac (27,484 SF)
Zoning code
OPB
APN
0056-13-0001
UPID
US18-2919821
Jurisdiction
SARASOTA
Zoning & alternative use
OPB · Sarasota, FL
Zoning OPB · permitted uses
OPB · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Rooms
18
Bathrooms
9
Lot
0.63 ac
Current owner
From public records · entity-resolved
FRUSH JR LEON E TR
Individual
Free & Clear · 0 yrs held
Mailing address
2677 S TAMIAMI TRL STE #4, SARASOTA, FL 34239-4500
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2026
$2,100,000
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Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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